Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 24.7 to 18.8.
Financials
Financial year 2025
RI.PA. BELGIUM from Laarne, company number BE0439663683, closed financial year 2025 with a result of € 965,001 after tax. For that financial year RI.PA. BELGIUM recorded revenue of € 11.6 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € -297,148 to € 965,001. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 3.4 million
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 965,001
▲ still € 297,148 loss in 2024
Profit after tax over the fiscal year.
€ 150,023
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.4 million.
People and assets in 2025
18.8
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 9% vs 2024
€ 93,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31,068
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▲ 5% vs 2024
€ 63,317 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.8 million
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 63 days on average.
€ 378,361
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,099,330 | € 14,860,276 | € 14,048,295 | € 11,633,989 | ▼ 17% |
| Profit after taxes | € 4,347 | € 3,713 | € -297,148 | € 965,001 | ▲ € 1.3 million |
| Equity | € 2,688,874 | € 2,692,587 | € 2,395,440 | € 3,360,441 | ▲ 40% |
| Total debts | € 6,305,364 | € 5,177,731 | € 4,868,933 | € 4,809,471 | ▼ 1% |
| Cash | € 148,355 | € 164,889 | € 202,915 | € 150,023 | ▼ 26% |
| Land & buildings | € 440,182 | € 434,877 | € 426,921 | € 418,964 | ▼ 2% |
| Retained profit | € 1,697,300 | € 1,701,013 | € 1,403,866 | € 2,368,867 | ▲ 69% |
| Bank debt | € 2,081,327 | € 2,269,130 | € 2,318,378 | € 2,440,642 | ▲ 5% |
| Balance sheet total | € 8,996,224 | € 7,870,318 | € 7,264,372 | € 8,169,912 | ▲ 12% |
| Employees (FTE) | 26 | 24.7 | 22.4 | 18.8 | ▼ 3.6 |
Key figures of RI.PA. BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to RI.PA. BELGIUM?
What happened at RI.PA. BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Carlo De Schutter stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 965,001. Source: NBB ↗
- Carlo De Schutter became a director. NBB
- New establishment in Boortmeerbeek. KBO
- New establishment in Fleurus. KBO
- New establishment in Roeselare. KBO
- New establishment in Pajottegem. KBO
- New establishment in Laarne. KBO
In short
From € 4,347 profit in 2022 to € 965,001 profit in 2025.
Paid € 104,541 in corporate taxes since 2022.
Best year ever: 2025, with € 965,001 profit.
Pays suppliers within 63 days on average.
A new publication or filing at RI.PA. BELGIUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Carlo De Schutter
Director
Also active at: TOCANY, IMMO KOUTERS, TOCATRANS, IMMO RI - DES, REBODES, DE SCHRIEK, IMMO COTTAGE, TWIN PEAKS +6 more
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Dendermondsesteenweg 60-62
9270 Laarne
Dendermondsesteenweg 60 box 6
9270 Laarne
Active since 8 February 1990
Ninoofse Steenweg 51
1755 Pajottegem
Active since 19 September 2006
Beversesteenweg 565
8800 Roeselare
Active since 19 June 2015
Rue de Capilône(H) 11
6220 Fleurus
Active since 1 May 2018
Leuvensesteenweg 132
3191 Boortmeerbeek
Active since 1 August 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.663.683
- VAT number
- BE 0439.663.683
- Registered office
- Dendermondsesteenweg 60-62, 9270 Laarne
- Names & denominations
- RI.PA. BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1989
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
Groothandel in vloer- en wandtegels
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in bouwmaterialen, algemeen assortiment